Volvo's big owner in secret loan arrangement for 4 billion

Geely has shares for SEK 24 billion in AB Volvo.

Geely has silently borrowed SEK 4 billion with the help of its shares in the truck giant. Now experts are asking if this is a first sign that the Chinese vehicle giant wants to withdraw from AB Volvo.

0% interest but an opportunity to get cheap Volvo shares in exchange. In short, it is the terms of Chinese Geely's new loan of SEK 4 billion.

The loan was launched in mid-June and is basically constructed as a bond.